}

Total Pageviews

Wednesday, October 27, 2021

FULL SPECTRUM FOOT-DRAGGING: It's Been 545 Days Since Independent Bank Filed Adversary Action Against Mark Noss, & Full Spectrum Discovery Delays Pile Up

  

Coming Friday, October 29, the legal maneuvers employed by Mark Noss to avoid paying his $800,000 Independent Bank debt!

(Hint: "I can't find my 2016 tax returns!")


 

Friday, October 15, 2021

AND THEN THERE'S THIS: Michigan's Most Notorious Public Teat-Sucker ("Mr. Farragut Schoolhouse" Himself, Steven Ingersoll) Owes $1.6 Million In Unpaid Federal Taxes For 2009, 2010

So this will frost your pumpkins: while Steven Ingersoll admitted on December 9, 2015 (under oath during questioning by Assistant U. S. Attorney Janet Parker) that he'd fabricated an accounts receivable scheme as financial cover for the illegal diversion of over $5.0 million from the Grand Traverse Academy, he still owes nearly $1.7 million in back taxes from 2009 and 2010.


The man reaping the benefit of taxpayer largesse in the form of inflated Bay City Academy rent payments for his Farragut Schoolhouse building can't seem to come up with the cash to pay his court-mandated federal tax obligations.

Scoop, there it is!


 

Friday, October 8, 2021

BAY CITY ACADEMY'S MANAGEMENT COMPANY PARTNER & SCHOOL SUPERINTENDENT BRIAN LYNCH COMPLETED HIS MASTERS DEGREE IN 2016...SO WHY DID HE WAIT UNTIL HE WAS CAUGHT IN 2021 TO APPLY FOR HIS SCHOOL ADMINISTRATOR CERTIFICATION? (Here's A Hint: Avoiding The REP To Continue The Double-Dip)

So why did Brian Lynch, who'd completed his Grand Valley State University Masters degree in 2016, wait until he was under investigation by the Michigan Department of Education's Certification Compliance team to apply for School Administrator certification?

Lynch, lacking the required certification, became Superintendent of the Bay City Academy at the beginning of the 2016/2017 school year.

According to disclosure documents previously posted on the Academy's website, Lynch earned an annual salary/benefits package ranging from $82,550 to $102,440 for the years between 2016-2019.

And while Lynch's annual compensation packages were subsequently scrubbed from the Academy's "transparency reporting" tab and replaced with this blatantly misleading statement (AKA "lie"), using the previously-disclosed actual financials, Lynch likely averaged upwards of $90,000 per year in salary/benefits compensation during the five years in question.

In addition to a management contract paying Lynch and his Mitten Educational Management business partner, Michael Randel, nine percent of the Bay City Academy's annual revenue, Brian Lynch (in my opinion) fraudulently extracted an additional $450,000 between the 2016-2020 school years from the charter school founded by convicted felon Steven Ingersoll.

A clue that could answer the "why did he wait" question can be found in this MDE email response, generated by my August 9, 2021 inquiry initiating the Lynch investigation:



Lynch may have avoided obtaining the required School Administrator Certificate, and a listing in the Michigan Department of Education's Registry of Personnel (and a pesky audit), simply to continue the grift.

And even though the Bay City Academy is under supervision by the Michigan Treasury, Lynch still managed to drain a mid-six figure amount from a school that was experiencing "rapidly deteriorating financial circumstances".

Previously undetected by anyone responsible for oversight, the cash is now out of the bag .

Although "Superintendent" Lynch was the longtime "face" of the Bay City Academy's Facebook page, (shown above from August 14, 2021) in mid-August his image was replaced with one featuring the Academy's first graduating class and the slogan "Actions over words, service over self".

I'm guessing Lynch would have crafted a much different slogan...maybe recognizing the near-daily glut of fundraising.